Friday, September 30, 2016

Friday roundup (09-30-2016)

Deutsche Bank Troubles Raise Fear of Global Shock (The New York Times blogs) Deutsche Bank's Troubles, Europe's Failures (BloombergView) This Is How Much Liquidity Deutsche Bank Has At This Moment, And What Happens Next (ZeroHedge blog)

Jail Wells Fargo CEO and Chairman John Stumpf!: Stumpf's actions were not merely "unethical" — they were criminal. And in the current system [in the United States], he'll not only get away with it, he'll profit more than handsomely. by Nomi Prins (Moyers & Company blogs)

     The aim of this blog is to show (mostly from reports in mainstream respected news sources) that there is reason to believe that both the United States and the global economies remain fragile in the wake of the financial crisis of 2008 and that a number of threats exist today that could, if they worsened, bring about economic depression -- not just a minor depression, but a depression worse than the Great Depression. Key threats include excessive risk-taking by financial firms, unchecked by effective regulation; the continued existence of "too big to fail" institutions; and most especially, the amassing of levels of public and private debt which could become unsustainable.

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